UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: March 5, 2003
WORLD TRANSPORT AUTHORITY, INC.
(Exact name of registrant as specified in its charter)
Alberta, BC 93-1202663
(State of Incorporation) (I.R.S. Employer Identification No.)
140 West Park Avenue
El Cajon, California 92020
(Address of Principal Executive Offices)
(619) 593-2440 Fax: (619) 593-2444
(Registrant's telephone and fax number, including area code)
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Item 4. Change in Registrant's Certifying Accountant.
(a) Previous independent accounts
(i) On February 24, 2003, J.H. Cohn LLP resigned as
the Registrant's independent accountants.
(ii) The reports of J.H. Cohn LLP on the Registrant's
financial statements for fiscal years ended June 30,
2001 and 2002, respectively, contained no adverse
opinion or disclaimer of opinion and were not
qualified or modified as to uncertainty, audit scope
or accounting principles. However, these reports did
contain an explanatory paragraph discussing matters
that raised substantial doubt as to the Company's
ability to continue as a going concern.
(iii) During the Registrant's two most recent fiscal years
and through February 24, 2003 there have been no
disagreements with J.H. Cohn LLP on any matter of
accounting principles or practices, financial
statement disclosure or auditing scope or procedure,
which disagreements if not resolved to the
satisfaction of J.H. Cohn LLP would have caused them
to make reference thereto in their report on
financial statements for such years.
(v) The Registrant has requested that J.H. Cohn LLP
furnish it with a letter addressed to the Securities
and Exchange Commission (the "SEC") stating whether
or not it agrees with the above statements. A copy
of such letter, dated March 4, 2003 is filed as
Exhibit 16 to this Form 8-K/A.
(b) New independent auditors
(i) The Registrant's audit committee and Board of
Directors is in the process of searching for new
independent accountant.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
World Transport Authority, Inc.
Date: March 5, 2003 By: /s/ Lyle Wardrop
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Lyle Wardrop
President and Chief Executive Officer
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EXHIBIT 16
March 4, 2003
VIA FACSIMILE: 212-942-9656
Securities and Exchange Commission
450 Fifth Street, N.W.
SECPS / Mail Stop 11-3
Washington, D.C. 20549
Gentlemen:
We have read the statements made by World Transport Authority, which we
understand will be filed with the Commission, pursuant to Item 4 of Form 8-K,
as part of the Company's amended Form 8-K report for the month of March 2003.
We agree with the statements concerning our firm in such Form 8-K.
Very truly yours,
/s/ J. H. Cohn LLP